Axis Multicap Fund
Axis Multicap Fund is a multi cap fund of Axis Mutual Fund with ₹12,163 cr under management. It is ahead of its benchmark (NIFTY 500 Multicap 50:25:25 Total Return Index) in 2 of 2 periods. Its direct plan charges 0.92% a year. Nitin Arora has managed it for 3.4 years.
Has Axis Multicap Fund beaten its benchmark?
Ahead of its benchmark, NIFTY 500 Multicap 50:25:25 Total Return Index, in 2 of 2 periods in AMFI's figures; +7.48% over the last year against −2.00%.
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +7.48% | +6.36% | −2.00% | +9.48 | 🔒 |
| 3y | +18.05% | +16.76% | +10.75% | +7.30 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
What does Axis Multicap Fund cost?
0.92% a year on the direct plan, 1.97% on the regular plan; 12 of 33 funds in its category charge less.
Who manages Axis Multicap Fund?
Nitin Arora, since 26 May 2023; Shreyash Devalkar, since 26 May 2023; Hitesh Das, since 26 May 2023.
What does Axis Multicap Fund hold?
Not read yet: the fund house's monthly portfolio file is not covered so far.
Questions people ask
Who manages Axis Multicap Fund?
Nitin Arora (manager) since 26 May 2023; Shreyash Devalkar (manager) since 26 May 2023; Hitesh Das (manager) since 26 May 2023.
What is the expense ratio of Axis Multicap Fund?
0.92% a year on the direct plan and 1.97% on the regular plan (expense report, Oct 2026).
How has Axis Multicap Fund done?
Its direct plan returned +18.05% a year over 3 years against +10.75% for its benchmark, NIFTY 500 Multicap 50:25:25 Total Return Index, as of 13 Oct 2026.




